How Much Does a Co/LAB Lending Franchise Cost?

Initial Franchise Fee

The initial franchise fee for Co/LAB Lending is $30K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a Co/LAB Lending franchise requires a total investment of $55K – $114K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Working capital alone ranges from $10K to $25K.

Ongoing Costs

Beyond the initial investment, Co/LAB Lending franchisees pay ongoing fees. The royalty fee is 6.0% of gross sales (Percentage of Gross Sales). The advertising or brand fund contribution is 1.0% of gross sales. There is also a technology fee of $79.

Net Worth & Liquid Capital Requirements

Co/LAB Lending requires working capital of $10K – $25K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.